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to Long Lake for execution along with copies of the zoning <br />approvals and approval of the amendment to the MUSA line. If <br />Long Lake determines in its sole judgment, that the zoning <br />approvals of Orono, the approval of the amendments to the MUSA <br />line by the Metropolitan Council, and the completed Declaration <br />of Covenants would permit the reasonable development of the <br />thirteen (13) lots on the subject property. Long Lake shall <br />execute the Declaration of Covenants and cause the same to be <br />recorded and proof thereof forwarded to Orono. <br />4. Upon satisfaction of all conditions set forth in <br />Paragraphs 1, 2 and 3, supra, and upon filing of the final <br />plat, the parties shall cause to be executed and delivered to <br />the Minnesota Municipal Board a Joint Resolution in the form <br />attached as Exhibit D providing for the concurrent detachment <br />and annexation of the subject property from Orono into Long <br />Lake pursuant to Minn. Stat. S 414.061, Subd. 5. <br />5. The parties agree that time is of the essence and <br />tha*- each municipality binds itself to the covenant of good <br />faith and fair dealing in taking all action that is reasonably <br />necessary to effectuate the terms and conditions of this <br />Agreement <br />Dated:1 r <br />THE CITY OF ORONO <br />Its Mayor <br />By f A ti <br />Its City Attorney <br />3.